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There is a general decrease in the price of airfare tickets. What do you expect to happen to the demand for cross-country train tickets, a
There is a general decrease in the price of airfare tickets. What do you expect to happen to the demand for cross-country train tickets, a substitute good? Select the correct answer below: The demand for train tickets would increase. The demand for train tickets would decrease. Nothing would happen because these travel options are unrelated. Not enough information
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Microeconomics
Authors: David Laibson, John List
Global Edition 1st Edition
1292079576, 978-1292079578
